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? >> guest: his mother couldn't afford to send them there. those 3.5 years, he is in indonesia, immersed in the language. the mother is waking up at 4:00 a.m. to teach him with english schoolbooks to supplement his learning. it is very difficult. and the whole process was something that she realized that she loved indonesia, she was still married, she wanted to stay. but it was coming to a point where she had to make a key decision. it turned out that he could get into the best elite private schools in honolulu, so he went back in fifth grade to start their. >> host: he lived with his grandparents in honolulu in an apartment? >> guest: yes, they moved to an apartment. it was five blocks from the school. he lived there from fifth grade through his senior year. >> host: from ages 11 to 18 years old? >> guest: yes, that is correct. there were some subtle changes. his mother to come back. she came back to study in graduate school. they live a couple blocks away for about two years. then she went back indonesia again. the bulk of that. maxima that's what happened. >> host: that was 1971 going
collapsed but rather than the eight geography is in its preciousness as now you have people in indonesia that care about what they did interrupting the flotilla and you have crawled in bangladesh and i'm sure tomorrow we may see in malaysia and indonesia and elsewhere enraged about the movie a was made in california but while rage can spread around the world, it is a starting point. once you start to analyze what is likely to happen in egypt next and in syria you get different scenarios based on the legacy of geography. geography shows libya was in the country but a geographical expression with triple the oriented than tunisia or alexandria and egypt so it can only be governed through the totalitarian means and once that collapses though we have an elected government in tripoli it cannot project power beyond a greater aaa lisieux you have a problem with governor allin capacity and lydia that cannot deal with the crisis in egypt it's different. in egypt you have a country that has been an age-old cluster of civilization for thousands of years, a cohesive community beyond the normal where
to be on a roll. i am also impressed with brazil, indonesia and turkey. the rest of the world really doing extraordinarily well. connell: we like when you go global on us, charles. what do you use, google maps or apple? charles: stuart varney is probably better than me when it comes to these smart phones. connell: i do remember when you got away from the flip phone. charles: that is only because i left it in the green room. i heard someone from the smithsonian came up. dagen: charles, thank you so much. connell: let's go to this google graphic story. it is a very popular app. let's put it that way. we will talk about that coming up. more from washington, the house speaker ready to put through his own legislation. >> our hope continues to be to reach an agreement with the president what we have offered meets the definition of balance. the president is not there yet. ♪ ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shineven brighter. come to the winter event and get the mercedes-benz you've always wished for, no
of japan, korea, vietnam, thailand, singapore, indonesia, burma; all of which represent the future of the united states in terms of trade, security and cultural growth in the coming decades. with respect to burma, there was a great moment for me to be able to sit down and see aung san suu kyi recognized by the congress a month or so ago, coming to this country as a member, an elected member of their parliament. we began the change in that relationship from our office, directly from our office based on work that i had begun and become interested in over a period of six years before i was elected to the senate. we, i'm very proud to say, laid the groundwork for the historic visit in 2009 from inside our office. often i would say against the will and against the advice of our own state department. we used validators. we talked to people we knew in the region. i became the only american leader ever to meet with general shui, leader of the military junta, to express my belief that we could work forward to have a different relationship. i met with aung san suu kyi, and i hope that those
they can make extraordinary strides for the assistance from others. let me cite one example. indonesia, perhaps my favorite example, there the government has dedicated itself to creating the civilian legal structure in law enforcement institutions to fight terrorism effectively, comprehensively, and using the rule of law. in disease has scored more than 100 conservative convictions in terrorist cases and the national police has major successes in breaking up terrorist cells linked to other violent extremists ors and anyone who thinks back eight or nine years or even a decade will remember that many of sauce it athe time indonesia hung in the balance and unlikely to survive. nobody thinks that now. any discussion of the ct landscape of southeast asia is frequently omitted. the play here is the capacity building can work and we must count to innovate. to improve our advocacy. i said at the outset that at the beginning of the administration, we were determined to did a better job of countering violent extremism. let me tell you about our efforts to legitimize the terrorist narrative. unde
from others. but me cite one example. indonesia, perhaps my favorite example. if the government has dedicated itself to creating civilian legal structures and law enforcement institutions to fight terrorism effect in late, comprehensively and within the rule of law. indonesia has scored more than 100 consecutive convictions in terrorist cases for national places had major successes in breaking up terrorist future muslim yet another violent extremists organizations. anyone who thinks back eight or nine years for a decade will remember many of us thought at the time and did misha hung in the balance and was unlikely to survive his bout with extremism. no one thinks that now had any discussion of the landscape in southeast asia is frequently admitted. the point here is capacity building can work it must continue innovate to prove efficacy. it said at the outset that the beginning of the administration were determined to better java countering violent extremism. so then they tell you of our efforts to delegitimize the terrorist narrative. undersecretary clinton's leadership established
extent. asia, indonesia, africa. they have a very strong balance sheet. so they're in the position to really gain market share even in the context of a slightly slowing macro picture. but interestingly since the third quarter ims, we heard today from standard chartered again and they were quite upbeat particularly for the likes of singapore and i sandia and so forth. so outlook for revenue is actually quite positive and it's on quite a low multiple and could easily rerate towards 12. >> so you reckon own it. >> i think so. even if the the growth prospects were quite limited, i think the balance sheet strength alone justifies expansion. i think it's quite attractive certainly to the rest of the sector. >> citi shedding 11,000 job, around 4% of its workforce. some say it's part of a strategy by the new ceo. citi shares were up on that. so what do you make of ubs getting out of fixed income, citi shedding a huge chuck of jobs. >> i would actually go much further than that. we've had an a revolution. pure to pure growing at 50% per annum. i think it's time to redesign the way they do b
recession in 15 years. here is a quick look at what is on the agenda for tomorrow. indonesia hosed its rate setting meeting. the central bank says it's trying to shore up the weak currently. in malaysia, we'll get october factory output numbers. in geneva, ross westgate will be with us next. ross, what have you got for us? >> would he have been talking to a lot of companies that build up to these trade links, about how they're getting shielded from the global sectors and more opening up of trade. we'll hear from the ceo when we come back from "worldwide exchange." , >>> it's a trade link today. the numbers, the trade disputes this year has gone up. but some global reaches help some companies against the impact. parading at a local level in some companies has given them some form of protection. >> we make fragrances and flavors which go into a really wide variety of products. you know, from the soap, the basic soap that you would see in emerging markets such as china or even africa nowadays to snacks, to instant noodles in asia. but it also goes all the way to luxury fragrances. so that make
, indonesia. we're not seeing a great benefit into europe as we did before. for instance, germany is looking pretty pessimistic. based on its lack of export performance to places like china. >> yeah. when the bundes bank came out and shortly downgraded forecasts, how is the employment picture? if you've got a relatively healthy china and the u.s. consumer bounce back, wouldn't that help germany? >> it certainly would. germany is relatively flat in terms of the employment outlook. so it's not a disaster. but germany trades an awful lot with europe as well as china. so it needs china to pick up in terms of its heavy engineering export performance, creating jobs in the manufacturing sector. but germany and the uk need europe to improve. >> it comes at an inkrd eblly high cost in terms of the number of people out of work. what has been done? how much have we destroyed so that the jobs outlook and growth prospect in this country? >> well, what growth prospect in the southern european countries? we're seeing definitive bifurcation of northern europe and southern europe. southern europe, we are cre
for war or peace in this will. t while visiting indonesia,, i thailand, and the philippines ir octoberem i was reminded of thet economic vitality of southeast h asia and the fact that the ten countries comprising. [indiscernible] represent now the fourth larges. export market of the united states. these countries are center stag. to the circumstances with chinaa we must stand firm with our friends throughout asia and actively pursue prospects for a free trade and open sea lanes and other policies that will strengthen american economic fac growth t.lobal more broadly, we face the, specter of global resource constraints, especially deficiencies of energy and food that can stimulate conflict and deepen poverty. made we have made gains in domestic energy production. dep we remain highly vulnerable still our dependency on oil and equally important, even if we are able to produce more energy and home, we cannot isolate to e ourselves from energy drivenave shocks to the global economy. in other words, we have to cooperate with other nations ing improving the global system of manufacturing and mov
in indonesia, myanmar and is looking in thailand and india for new partners. asia, especially southeast asia is an emerging hot market for other japanese lenders, too. mizuho will set up firms which set up shop in laos given its labor costs and low political risks compared to china. >>> now let's get you the latest results of spain's auction debt. the country is seeing lower yields than the last time it went to market and higher demand. 2015's bid to ratio, 4.8 versus 2 the last one, 3.1 versus 2.6 for the 2017 and the 2040 saw a 2.1 bid to cover. of course, when it comes to the yield, i would give you a sense of what we're seeing on these. 2015 maximum yield coming in just under 3.43%. that's roughly where we stood on the last go around on december 5th. for the 2017, we saw 4.24 versus 4.5, so an improvement. for the 2045 .9 the%. backing up quite a bit relative to the 4.8%. although the last time we saw an auction there was in march 2009. to walk us all through this, let's get back to sylvia peruzzo from nomura. what's your reaction? >> i think we need to take stock of the fact that the co
ultimately determine prospects for war or peace in this world. while visiting indonesia thailand and the philippines in october i was reminded of the economic vitality of southeast asia and the fact that the ten countries comprising represent the fourth largest export market of the united states. these countries are center stage for the circumstances with china . we must stand firm with our friends throughout asia and actively pursue prospects for free trade and open sea lanes and other policies that will strengthen america's economic growth. more broadly we face the specter of global resource constraint especially deficiencies of energy and food that can stimulate conflict and deepen poverty. we have made startling gains in domestic energy production. we remain highly vulnerable still to our dependency on oil. perhaps equally important even if we are able to produce more energy we cannot isolate ourselves from energy driven sharks to the global economy. in other words, we have to cooperate with other nations and imp
currency and commodity trading they're going to end early. in japan, indonesia, the philippines, they were all closed in europe. only the uk, french, dutch and spanish stock markets are open and they're going to be closing early. there are now only five trading sessions left in 2012. get your act together. stocks and bonds, solid gains so far this year. the dow has advanced 8% in total. the s&p 500 up almost 14%. the nasdaq has jumped 16%. it's been a good year. the end of the year also means we are just days away from the fiscal cliff, however, and that's the bad news. and looming tax hikes, spending cuts, all of that. both sides warning a very big deal becoming a bit more unlikely. >> and my one bit of advice to speaker boehner is this. you cannot pass a bill with just republicans. on a broad thing like this, you need both. and he has put himself with plan b and sort of an impossible position. he has to get these hard right goes to go along with him. and he and the president were going to say we're going to pass a deal with the majority of republicans and the majority of democrats in the
with india and indonesia. not really new but integrating partnerships but our partnership with china is critical. as we look at both opportunities to build on cooperation and franken opportunity compete economically and then to avoid any prospect in light of conflict. so those are a critical element. as we think about international institutions including both regional and more broad international institutions, those are a key part of that as well. to us, the other two pieces i'm going to put in our presence. with 60 years of history where the united states has provided a stabilizing role toward economic development, and the fact that most of international trade floats, as the apple noted, is a key part of that. and with a strong interest, not just the asia-pacific region by the international community does. so as we continue to sustain and enhance our presence through a stabilizing function and fun at the end of the day when you have the capacity as a u.s. military to have policy as well. that's a global capability. but that means that they respected the choices that are made by othe
to squawk this morning. applemaker is confirming plans for a hand set factory in indonesia. foxconn now saying no timeline has been set. it would cost $5 billion to $10 billion following worker deaths, sudz and other things foxconn and apple has set pledged to bridge a new building steemt. >>> leo g ray kowski is the asset managements. really, leo? do you oversee $178 billion? >> i have a lot of help, swroe. >> that sounds like you would have a lot more wrinkles and look a lot more haggard if you had that responsibility. if we get a cliff deal which is looking closer, are our problems over in terms of this sort of market that's been stuck in the mud for a decade, do you think? >> i think a lot depends on time frame, but no is the short answer to your question. i think, you know, markets being discounting mechanisms, i think it's very unlikely that here in the short-term, we get the type of meaningful entitlement reform and a thoughtful and cogent tax code that businesses and individuals can rely on for many, many years. i think that's what will provide us some multiple expansion. so i t
indonesia, thailand and the philippines in october, i was reminded of the economic vitality of southeast asia and the fact that the ten countries comprising asean represent now the fourth largest export market of the united states. these countries are center stage to the circumstances with china. we must stand firm with our friends throughout asia and actively pursuit prospects for free trade and open sea lanes and other policies that will strengthen america's economic growth. more broadly, we face the specter of global resource constraints, especially deficiencies of energy and food that can stimulate conflict and deepen poverty. we have made startling gains in domestic energy production but we remain highly vulnerable still to our dependency on oil. and perhaps equally important, even if we are able to produce more energy at home, we cannot isolate ourselves from energy-driven shocks to the global economy. in other words, we have to cooperate with other nations in improving the global system of manufacturing and moving energy supplies. currently, a key to this is helping to ensure the
Search Results 0 to 16 of about 17 (some duplicates have been removed)

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